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Water Trading Papers

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Water trading is one of those invisible necessitates. Not many see it or even know that it has occurred, as long as they have water when they turn on the tap; people by and large are oblivious as to how it got there. Water trading happens primarily on the regional level, as it is not feasible to pipe water across the country. It is necessary to trade, buy and sell water rights in areas all over the country. In areas such as Las Vegas that have a population that vastly outweighs the natural water supply, it is necessary to import water from areas of abundance to make up the difference. Water trading at its core is like any other commodity trading. One party receives one thing in exchange for another. This paper will examine how water trading occurs between states and ultimately how water gets from where it is to where it is needed.
The availability of water is an issue that requires careful management and planning in order to maximize access. Areas in the Western United States have rapidly growing populations without the natural water sources to sustain them. The art of getting water from where it is or who has it to where it is needed or who needs it is the practice of water trading. Deals made between states to ensure access to water.
In western states, individuals do not own water as they might own land. The state owns the water, which it holds in trust for its citizens. Some economists would argue that water trading could promote more efficient water usage because a

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